Poland
Stephan Bathory 3 Groszy (Trojak) 1582 XF45 NGC, Olkusz mint, Kopicki-520 (R8), Iger-O.82.4c var. An attractive piece in hand despite a few small planchet flaws, with light circulation and appealing tone. The encircled bust is universal to this variety, the difference here being the rosette between GROS*ARG and a pellet between TRIP•REG, rather than a second rosette. Very rare.Ex. Künker (January 2011, Auction 180, Lot 599).
Estimate: 10000-15000 USD